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<p>[QUOTE="Lehigh96, post: 1044004, member: 15309"]I think that the theme you identified only characterizes the buying habits of the majority of the participants of this thread. That in itself does not make the theme correct. I have a much different purchasing philosophy than most collectors. I am a firm believer that "cheap coins are never great and great coins are never cheap."</p><p><br /></p><p>Since I covet eye appeal above all else, it stands to reason that most of my collection consists of toned coins. For this thread to be truly educational, it will need to provide information that teaches what kind of toning should drive a premium, and how much of a premium. The best comments regarding the toning premium I have ever read were written by a fellow member of Cointalk and many other coin forums, Tom Bush (TomB). The following is excerpt from Tom's website:</p><p><br /></p><p><span style="color: blue">"It is an entirely different thing when you do not know when or where you will find the next monster coin for sale and, even if you are fortunate enough to find one or more, what the cost level will be to acquire them. Five times Greysheet bid is not unheard of and even fifty times bid is a bargain at times. The lack of certainty in replacement and cost makes this niche market less predictable."</span></p><p><br /></p><p><a href="http://ivyleaguecoin.com/toningpremium.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://ivyleaguecoin.com/toningpremium.html" rel="nofollow">http://ivyleaguecoin.com/toningpremium.html</a></p><p><br /></p><p>As this thread progresses over time, I expect to see some coins with significant premiums posted as examples.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1044004, member: 15309"]I think that the theme you identified only characterizes the buying habits of the majority of the participants of this thread. That in itself does not make the theme correct. I have a much different purchasing philosophy than most collectors. I am a firm believer that "cheap coins are never great and great coins are never cheap." Since I covet eye appeal above all else, it stands to reason that most of my collection consists of toned coins. For this thread to be truly educational, it will need to provide information that teaches what kind of toning should drive a premium, and how much of a premium. The best comments regarding the toning premium I have ever read were written by a fellow member of Cointalk and many other coin forums, Tom Bush (TomB). The following is excerpt from Tom's website: [COLOR="blue"]"It is an entirely different thing when you do not know when or where you will find the next monster coin for sale and, even if you are fortunate enough to find one or more, what the cost level will be to acquire them. Five times Greysheet bid is not unheard of and even fifty times bid is a bargain at times. The lack of certainty in replacement and cost makes this niche market less predictable."[/COLOR] [URL="http://ivyleaguecoin.com/toningpremium.html"]http://ivyleaguecoin.com/toningpremium.html[/URL] As this thread progresses over time, I expect to see some coins with significant premiums posted as examples.[/QUOTE]
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